Company Otis Worldwide Corporation

Equities

OTIS

US68902V1070

Heavy Electrical Equipment

Market Closed - Nyse 04:00:02 2024-03-04 pm EST 5-day change 1st Jan Change
95.39 USD -0.30% Intraday chart for Otis Worldwide Corporation +1.67% +6.62%

Business Summary

Otis Worldwide Corporation is one of the world's leading manufacturers, installers and maintainers of lifting systems. The group provides elevators, escalators and conveyors to residential buildings, shopping centers, public transportation facilities, hotels, hospitals and industrial buildings. Net sales break down by activity as follows:

- maintenance and repair services (57.2%);

- sale of elevation systems (42.8%).

Net sales are distributed geographically as follows: the United States (28%), China (18.8%) and other (53.2%).

Number of employees: 71,000

Sales per Business

USD in Million2022Weight2023Weight Delta
Service
59.1 %
7,821 57.2 % 8,397 59.1 % +7.36%
New Equipment
40.9 %
5,864 42.8 % 5,812 40.9 % -0.89%

Sales per region

USD in Million2022Weight2023Weight Delta
Other
54.4 %
7,278 53.2 % 7,735 54.4 % +6.28%
United States
28.4 %
3,834 28.0 % 4,030 28.4 % +5.11%
China
17.2 %
2,573 18.8 % 2,444 17.2 % -5.01%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 20-03-15
Director of Finance/CFO 50 20-01-31
Chief Tech/Sci/R&D Officer - 21-12-31
Chief Operating Officer - 18-12-31
Investor Relations Contact - -
Corporate Secretary - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 22-01-09
Sales & Marketing 55 89-12-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 20-04-02
Director/Board Member 65 23-10-26
Director/Board Member 68 20-04-02
Director/Board Member 66 20-04-02
Chief Executive Officer 60 20-03-15
Director/Board Member 70 20-04-02
Director/Board Member 58 22-10-27
Director/Board Member 69 20-03-16
Director/Board Member 57 20-04-02
Director/Board Member 61 23-10-26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 435,854,626 404,927,535 ( 92.90 %) 30,400,000 ( 6.975 %) 92.90 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
11.18 %
45,773,358 11.18 % 4 048 M $
BlackRock Advisors LLC
6.245 %
25,557,161 6.245 % 2 260 M $
AllianceBernstein LP
4.734 %
19,375,141 4.734 % 1 714 M $
15,644,435 3.823 % 1 384 M $
Eaton Vance Management
3.112 %
12,737,362 3.112 % 1 126 M $
Geode Capital Management LLC
2.558 %
10,468,126 2.558 % 926 M $
Capital Research & Management Co. (Global Investors)
2.153 %
8,811,307 2.153 % 779 M $
JPMorgan Investment Management, Inc.
1.965 %
8,043,615 1.965 % 711 M $
BlackRock Life Ltd.
1.889 %
7,731,911 1.889 % 684 M $
7,558,623 1.847 % 668 M $

Company contact information

Otis Worldwide Corp.

1 Carrier Place

06032, Farmington

+860 674 3000

http://www.otis.com
address Otis Worldwide Corporation(OTIS)

Group companies

NameCategory and Sector
Building Products
Building Products
Building Products
Miscellaneous
Building Products
Juniper Holdings SARL
Industrial Machinery
Building Products
Building Products
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